11-04-2019, 11:55 PM
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#14955
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https://www.citynews1130.com/2019/11...october-rebgv/
Quote:
Vancouver home sales up 22.5 per cent in October: REBGV
Sales in October surged 22.5 per cent from September to 2,858, which is also 45.4 per cent more than the year-earlier total. An industry group says listings were down 9 per cent month-over-month, helping the sales-to-listings ratio rise to 29 per cent for apartment-style condos.
“With prices edging down over the last year and interest rates remaining low, hopeful home buyers are becoming more active this fall,” according to Real Estate Board of Greater Vancouver president Ashley Smith. Sales were 9.8 per cent above the 10-year October average.
The “benchmark” adjusted average price of an apartment condo was down 5.9 per cent from a year earlier but up two tenths of a point from September to $652,500. Single-detached houses were down 7.5 per cent from the previous October to $1.4 million.
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full article from the above link
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